What do you do if you are stuck in a field at a pop festival but there’s trouble ahead because your mobile phone’s battery is about to run out?
Thanks to new gizmo, you now just need to face the music and dance.
Mobile phone operator orange said on Tuesday it had teamed up with GotWind, a firm specializing in renewable energy, to produce a recharge powered by dance energy alone.
The portable kinetic energy chargers will be given a test run at this year’s Glastonbury Festival, the world’s biggest Greenfield music and arts celebration that begins on a farm in Somerset on Friday.
Orange said the prototype chargers weight the same as a phone and are about the size of a pack of cards. Attached to the user’s arm, they employ a system of weights and magnets which provide an electric current to top up charge in a storage batter. This can then later be used to recharge the phone. We wanted to create a fun, engaging and interactive product which would encourage users to have a laugh while charging their mobile phone and at the same time test out a new evergy efficient prototype, said Hatie Magee, Head of Partnerships at Orange UK
Thursday, June 26, 2008
Tuesday, June 24, 2008
shares
Shares are bottoming out, political worries, spiralling inflation, soaring crude prices and continued FII Selling may further weaken the market. Any further hike in key interest rates by the RBI will dent the bottomline of India Inc's Q1 financials.
Time
Time
Time is precious, time makes every thing and anything. One cannot buy, rent or hire more time. The supply of time is totally inelastic. No matter how high the demand, the supply will not go up. There is no price for it. Time is totally perishable and cannot be stored. Yesterday’s time is gone forever, and will never come back. Time is always in short supply. There is no substitute for time. Everything requires time. All work takes place in, and uses up time. Yet most people take for granted this unique, irreplaceable and necessary resource.
Tuesday, June 10, 2008
Tax Planning
Tax planning
Every citizen has a fundamental right to avail all the tax incentives provided by the Government. Therefore through prudent tax planning, not only the income tax liability reduced, but also a better future is ensured due to compulsory savings in highly safe government schemes. We sincerely advice all our clients to plan their investments in such a way that the post tax yield is the highest possible, keeping in view the basic parameters of safety and liquidity.
Filing of income tax return is compulsory for all individuals whose gross annual income exceed the maximum limit prescribed by the Income Tax Act. Every one has to file the return within 31st of July and whose annual sales exceeds 40 lacs or professional receipts exceeds 10 lacs then they have to file within 31st October (30th Sept- amendment has to be made)
There are few tax free incomes which you can utilize, they are
1. Interest in PPF or GPF or EPF
2. Interest on GOI tax free bonds
3. Dividends on Shares and on Murual funds
4. Any capital receipt from life insurance policies i.e., sum received either on death of the insured or on maturity of life insurance plans. However, in case of life insurance policies issued after 31st march 2004, exemption on maturity payment under section 10(10D) is available only if the premium paid in any year does not exceed 20% of the sum assured.
5. Interest on Savings Bank account in a Post Office.
6. Long Term capital gains on sale of shares and equity mutual funds if the security transaction tax is paid on such transactions.
Some investments in specified schemes u/s80C and u/s80CCC(1) are deductible form your total income earned. Such investments are
1. Life Insurance Premium
2. Contribution to EPF/GPF
3. PPF (Max 70,000/- in a year)
4. NSC
5. ULIP
6. Repayment of Housing Loan (Principal)
7. ELSS Of Mutual Fund
8. Tuition fees including admission fees or college fees paid for full time education of any two children of the assessee. (Any development fees or donation or payment of a similar nature shall not be eligible for deduction)
9. Infrastructure Bonds issued by institutions/Banks such as REC, PFC etc.,
10. Interest accrued in respect of NSC VIII Issue
11. Pension scheme of LIC of India or any other insurance company
12. FD with Banks having a lock in period of 5 years.
The above provisions applies to the financial year 2007-08 only
Every citizen has a fundamental right to avail all the tax incentives provided by the Government. Therefore through prudent tax planning, not only the income tax liability reduced, but also a better future is ensured due to compulsory savings in highly safe government schemes. We sincerely advice all our clients to plan their investments in such a way that the post tax yield is the highest possible, keeping in view the basic parameters of safety and liquidity.
Filing of income tax return is compulsory for all individuals whose gross annual income exceed the maximum limit prescribed by the Income Tax Act. Every one has to file the return within 31st of July and whose annual sales exceeds 40 lacs or professional receipts exceeds 10 lacs then they have to file within 31st October (30th Sept- amendment has to be made)
There are few tax free incomes which you can utilize, they are
1. Interest in PPF or GPF or EPF
2. Interest on GOI tax free bonds
3. Dividends on Shares and on Murual funds
4. Any capital receipt from life insurance policies i.e., sum received either on death of the insured or on maturity of life insurance plans. However, in case of life insurance policies issued after 31st march 2004, exemption on maturity payment under section 10(10D) is available only if the premium paid in any year does not exceed 20% of the sum assured.
5. Interest on Savings Bank account in a Post Office.
6. Long Term capital gains on sale of shares and equity mutual funds if the security transaction tax is paid on such transactions.
Some investments in specified schemes u/s80C and u/s80CCC(1) are deductible form your total income earned. Such investments are
1. Life Insurance Premium
2. Contribution to EPF/GPF
3. PPF (Max 70,000/- in a year)
4. NSC
5. ULIP
6. Repayment of Housing Loan (Principal)
7. ELSS Of Mutual Fund
8. Tuition fees including admission fees or college fees paid for full time education of any two children of the assessee. (Any development fees or donation or payment of a similar nature shall not be eligible for deduction)
9. Infrastructure Bonds issued by institutions/Banks such as REC, PFC etc.,
10. Interest accrued in respect of NSC VIII Issue
11. Pension scheme of LIC of India or any other insurance company
12. FD with Banks having a lock in period of 5 years.
The above provisions applies to the financial year 2007-08 only
Thursday, June 5, 2008
Petrol Price
Its fantastic that we all think about petrol price hike, commodities hike, hotel food, cable charges hike etc.,
Why don’t we think about how to control the usage and where the usage of petrol is happening more.
Check how many government vehicles are moving per day, how many kilometers, how many liters consumed, and how much milage does the vehicle give. Is it necessary to give one vehicle to each officer. Here you will find lot of answers for yourself. Can we control this? Why not and who will control. Who will rise the voice against it. Will you?
Check how many government buses / public transport will travel in the peak hours, and in non peak hours, how many will go to school / colleges with their parents and how many go by auto or school-van. Why don’t we insist to go by school bus or college bus or public transport. It’s the prestige issue for some to have own vehicle.
Check how many will go to government offices from different locations, every one has to own a good vehicle. I hope you know better how they get money!!!
Check how many will go to their business and their offices. Why don’t we have house close by.
Details to check the figures for the above is a delicate issue. That’s the reason we or anybody doesn’t want to highlight.
If 10% of the public think this for 6 months, I think we can save 10% of shortage in petrol. Petrol / Gas / LPG is very much necessary to our day to day life. How to use is the big question mark. If you have any ways to save petrol do highlight.
As the population grows, requirement of every thing increases like food, clothing and shelter (basic things) to supply these things by transport we need diesel / petrol from one place to another.
Is this not possible, why don’t we supply petrol / diesel by pipeline. So that transportation of petrol will be cheap. Do you know what is the cost of petrol in Pakistan.
http://www.kshitij.com/research/petrol.shtml
http://in.answers.yahoo.com/question/index?qid=20080112091007AA7oreN
http://pakistantimes.net/2005/04/23/top5.htm
Why don’t we think about how to control the usage and where the usage of petrol is happening more.
Check how many government vehicles are moving per day, how many kilometers, how many liters consumed, and how much milage does the vehicle give. Is it necessary to give one vehicle to each officer. Here you will find lot of answers for yourself. Can we control this? Why not and who will control. Who will rise the voice against it. Will you?
Check how many government buses / public transport will travel in the peak hours, and in non peak hours, how many will go to school / colleges with their parents and how many go by auto or school-van. Why don’t we insist to go by school bus or college bus or public transport. It’s the prestige issue for some to have own vehicle.
Check how many will go to government offices from different locations, every one has to own a good vehicle. I hope you know better how they get money!!!
Check how many will go to their business and their offices. Why don’t we have house close by.
Details to check the figures for the above is a delicate issue. That’s the reason we or anybody doesn’t want to highlight.
If 10% of the public think this for 6 months, I think we can save 10% of shortage in petrol. Petrol / Gas / LPG is very much necessary to our day to day life. How to use is the big question mark. If you have any ways to save petrol do highlight.
As the population grows, requirement of every thing increases like food, clothing and shelter (basic things) to supply these things by transport we need diesel / petrol from one place to another.
Is this not possible, why don’t we supply petrol / diesel by pipeline. So that transportation of petrol will be cheap. Do you know what is the cost of petrol in Pakistan.
http://www.kshitij.com/research/petrol.shtml
http://in.answers.yahoo.com/question/index?qid=20080112091007AA7oreN
http://pakistantimes.net/2005/04/23/top5.htm
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